Lower. G seng 8 10 of 1 to what we are going to get out of this Earnings Report coming out that we were alluding to. Composites recovering a little bit, a little bit flat. The aussie market is one of the few that is moving to the upside. Lets have a look at the majors here as well. Of the noises coming out white house as well. Larry kudlow saying the u. S. Would not intervene in the currency market. Donald trump saying im not so sure. That has a bit of uncertainty. Lets go back and look at policy decisions by the bank of japan. The yen depreciating a tad. Momentxit stands at the is causing further weakness for sterling. Possibility that bulgaria might join the euro zone. That is what we have at the moment. Get more from what is going on elsewhere and get to the first word news with su keenan. The u. K. Is deploying another warship to the gulf to escort commercial vessels. Alongsideerate another naval shift amid tensions with iran. The move comes as iran and european powers met to discu
Currencies losing their luster. Lets have a look at this chart. This is telling you about the damage that has been done to some extent with regards to china. Ofs is what we have in terms official pmi. The large ones going into negative. Overall, that is everything. Showing contraction here for companies. More company pmis. All of these have entered into negative terrain. They inhabit. Lets get Market Action. What are you making of all of this . What about this deal . The g 39, i think we get that risk doing that you would have anticipated. A lot more to run. I think market is missing the point. It has nothing to do with the g20 that we had over the weekend. Fed cuttingout the cycle that we are about to get into. That,d with regards to was it a case that we got all of this dovish language, looking at the damage done by this trade conflict . Maybe they will dial back on that dovish term . That is obviously the risk. It is just a perspective of when, rather than is. There could be a lot l
, pilotsblems for boeing say they have Software Issues with other planes in the fleet. We are live here in osaka for the first way of the g20 summit here. Is big elephant in the room trade talks between President Trump and president xi on saturday, but before that, a busy day for President Trump. He just met with shinzo abe. Now, in trilateral talks as well. Those two countries have been criticized by President Trump when it comes to trade. And as a packed agenda you say, we saw President Trump sitting down with Prime Minister abe and prior to that, president xi. Also, they did highlight some of the concerns, island building by the chinese and some other tray concerns as well. Lets get you uptodate with some of the Market Action we have had self are. A midsectiong at in asia, most ending the session in green, but of course, holding back one would assume ahead of , the asiapacific pretty much flat. In terms of the futures, you are looking at a bit of positivity there, hans on teachers a
Investor mike norbert tells us about his roller coaster ride. After two fairly uneventful president ial debates twitter is out with a new label that flags tweets that break laws. The move might even make President Donald Trump walk a fine line on the social media site. Tesla has set a new record for quarterly vehicle deliveries. On tuesday, tesla handed over 95,000 vehicles to customers in the Second Quarter beating the average of units. This is due to accelerated shipments to europe and china and u. S. Consumers are rushing to buy model three sedans. Before the tax credit shrink in half. Elon musk told employees that the company was close to setting an alltime record, urging them to go all out in the last few days of june. Taylor riggs caught up with an a morningstar analyst on tuesday. On the model three side you have to separate the lineup. On the model three side this was a blowout quarter that exceeded everybodys expectations. I do think you had this up and down quarter where we h
Intelligence. The asset arm is planning to invest in Machine Learning hedge funds. Tesla shares are climbing in after hours trading. Looking at the largest gain this year after they set a new record for quarterly deliveries. Tesla handed over about 95,000 vehicles to customers in the second quarter, beating the average analyst estimate of 88,000 units. This is all due to accelerated shipments to europe and china, and u. S. Consumers rushing to buy sedans. Ceo elon musk had told employees in an internal memo last week that the company was close to setting an alltime record, urging them to go all out in the last few days of june. Joining me to discuss is bloombergs max chafkin in san francisco. Onset, craig trudell. From my perspective, it seems like across the board. Are we finally in the all clear . Max on the model three side, this quarter was a blowout quarter and i think exceeds everyones expectations. He sort of had this up and down quarter where we had a trough of everyone getting